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Nov 26, 2012
11/12
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FBC
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that'll be an awfully big hit to the economy. liz: to a for somebody economic council, physically says middle-class tax cuts on consumer spending, everybody spends. how do we come to this agreement, we keep hearing left the tax cuts they now warren buffett came out with an op-ed in "the new york times" say saying we should make that 500000 or under because two and 50,000 of their family is not rich and if the tax cuts expire as well they may be in trouble. do you think there is any wiggle room to move at 250,000 number little bit higher? >> would have to raise a significant amount of revenue so we are on a sustainable path. we cut taxes at a time when the economy could not afford it. we baltimore on a credit card. it will be required for the u.s. government on that unsustainable path. but ultimately that is what it will help our economy. david: what about the idea of deductions? even though the deadline is approaching quickly, when i put $25,000 cap on deductions. covering the overwhelming majority of americans. $25,000 cap on de
that'll be an awfully big hit to the economy. liz: to a for somebody economic council, physically says middle-class tax cuts on consumer spending, everybody spends. how do we come to this agreement, we keep hearing left the tax cuts they now warren buffett came out with an op-ed in "the new york times" say saying we should make that 500000 or under because two and 50,000 of their family is not rich and if the tax cuts expire as well they may be in trouble. do you think there is any...
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121
Nov 25, 2012
11/12
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but the over all economy. this is a large cost. look at current recovery since june 2009 and since that time median incomes are down 4600 on average. during the recession. they were down on average 2800. and so it was a great cost. >> and when you hear free from the government reach for your wallet and you will be paying for it if you are a taxpayer. college students and parents fed up with soaring tuition and crying foul. but some in the forbes team say it is it great for students and could lower tuition . there is it a flip side you there is it a flip side you [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register yo purchase online. have a super sparkly day! ok. [ male announcer now all you need is a magic carriage. citi price rewind. buy now. sa
but the over all economy. this is a large cost. look at current recovery since june 2009 and since that time median incomes are down 4600 on average. during the recession. they were down on average 2800. and so it was a great cost. >> and when you hear free from the government reach for your wallet and you will be paying for it if you are a taxpayer. college students and parents fed up with soaring tuition and crying foul. but some in the forbes team say it is it great for students and...
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78
Nov 25, 2012
11/12
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spending as well the economy needs that right now. and economist looking to the holiday shopping season to get big numbers out. >> cheril, i am a last minute shopper and i disagree that they have everything in for the season. stuff comes in down to the wire in so many small businesses if you don't have what i am looking for when i generally geout there, i am not buying it that hurts the over all economy. and look. at the unionshat are you doing? people are dying for jobs and you are basic lie treating it like you throw it away. nand why the only place they are growing in the municipal. private sector lrned from steel workers and airlines and education and pier point twines as well >> i am curious. what do you think. talk and it is it fine with just the accent. we are seeing a sea ship. >> two sides to every story and there has to be shared sacrifice. and as far as hostess. management didn't keep up with the times and taking huge bonus when their company was bankrupt and there are two sides to every story and everybody is in it togethe
spending as well the economy needs that right now. and economist looking to the holiday shopping season to get big numbers out. >> cheril, i am a last minute shopper and i disagree that they have everything in for the season. stuff comes in down to the wire in so many small businesses if you don't have what i am looking for when i generally geout there, i am not buying it that hurts the over all economy. and look. at the unionshat are you doing? people are dying for jobs and you are basic...
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127
Nov 24, 2012
11/12
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FBC
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he wants to destroy the economy? who will allow that increase to devastate the economy? lou: a good point*. nobody talks about the fact that individual top -- checks payments federal receipts has risen over the last few years that the answer is broken i went to see how they talk to each other. there is a sense of helplessness that is palpable because i don't believe the congress feels it has the strength to penetrate the veil of denial , and secrecy that is this administration over the last nine weeks and he called for the special prosecutor. >> that's right. attorney general house to do it. >> eric holder says congressman you have a splendid idea. we will investigate ourselves. >> if he does not a point* a special prosecutor then what you have is the very people who floated the idea of general petraeus for adultery in the military. there is all kinds of pressure. lou: you don't thiik it is a coincidence coming down on david petraeus head against the issue it -- issues of the administration? >> exactly. i love your sarcasm. that is the problem. we have the purse strings
he wants to destroy the economy? who will allow that increase to devastate the economy? lou: a good point*. nobody talks about the fact that individual top -- checks payments federal receipts has risen over the last few years that the answer is broken i went to see how they talk to each other. there is a sense of helplessness that is palpable because i don't believe the congress feels it has the strength to penetrate the veil of denial , and secrecy that is this administration over the last...
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Nov 22, 2012
11/12
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they start to grow their economy and see they are catching up today, when wieland 2010, -- these country that borrow mon to richest when they have debt problems 92 this. jim: this raises two amazing results from this think about. there has been thousands of years of human rif history evere was stuck in lower lift 4,00 4,- left for thousands of years, how come some are still stuck. >> this is afghanistan and congo, this is civil war, the best message today is most of the african countries are in fast economy growth, they have corrected the wrong market ideas, they had 20 years a, they have a much better education level of their people today and tanzania has today a situation similar to thailand, 1972. went 40 years we can see african countries doing what asia mas done. john: this is wonderful. >> still 2 billion fellow human buyings are -- beings are in deep poverty, it is not but they are stupid. i found out all poor people are not stupid because otherwise they would be dead. it takes some small investment to get them out of that, to me, the -- showstude of people, when a young couple gr
they start to grow their economy and see they are catching up today, when wieland 2010, -- these country that borrow mon to richest when they have debt problems 92 this. jim: this raises two amazing results from this think about. there has been thousands of years of human rif history evere was stuck in lower lift 4,00 4,- left for thousands of years, how come some are still stuck. >> this is afghanistan and congo, this is civil war, the best message today is most of the african countries...
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Nov 21, 2012
11/12
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the economy is not moving along very well. the discussions will not resolve the fundamental problem from exploding entitlements and mammoth increase in spending imposed on america and now want americans to validate, that is why they are not investing. melissa: it is so true. a timed everybody blamed the weather. unseasonably cold or hot. this all makes me pretty depressed and makes me feel like the economy will not get better anytime soon. >> by reelecting barack obama, he will not create jobs for them. we have seen for years worth of his tricks, and what have you dy talk about doing besides raising taxes. more jobs creation programs. it seems like stimulus. why would $1 trillion of stimulus not work? it does not make any sense to me. melissa: america will not roll over and play dead. the election is over, small business is not going to just hang it up, roll on the sidewalk and call it a day. we have to find a way to be resilient. what we find a way to work it out anyway? >> we will in time but businesses are being conservativ
the economy is not moving along very well. the discussions will not resolve the fundamental problem from exploding entitlements and mammoth increase in spending imposed on america and now want americans to validate, that is why they are not investing. melissa: it is so true. a timed everybody blamed the weather. unseasonably cold or hot. this all makes me pretty depressed and makes me feel like the economy will not get better anytime soon. >> by reelecting barack obama, he will not create...
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Nov 22, 2012
11/12
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that is good for the economy. no surprise 2/3 support the $10 minimum wage. one sponsor is from minnesota, representative ellison. >> the employer will pay the least they can because they can get away with it. >> they are paid $0.3. >> only the zero law prevents those greedy employers how come most are paid moore? asked merv crist who owns a restaurant called the prime cut. you pay most workers above minimum wage? >> half of them. john: you don't have to. >> they have skills if i don't, they will be paid more. john: you have to because of competition and? >> absolutely. john: the free market? a lot of employees start at minimum wage and work up? >> absolutely. those that don't have the knowledge need it. the information's is the wealth. john: you create jobs. 28 employees. top earn $18 per hour. the average hourly peat wage is $16.57. the market sets it. what is wrong with the law for a bottom? >> it takes people who don't have experience and cuts them out. you do not want to the employee whooes not want anything. a lot of kids work and a delicatessen. i have
that is good for the economy. no surprise 2/3 support the $10 minimum wage. one sponsor is from minnesota, representative ellison. >> the employer will pay the least they can because they can get away with it. >> they are paid $0.3. >> only the zero law prevents those greedy employers how come most are paid moore? asked merv crist who owns a restaurant called the prime cut. you pay most workers above minimum wage? >> half of them. john: you don't have to. >> they...
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246
Nov 22, 2012
11/12
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FOXNEWSW
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>. >> bill: remember the cuban missile crisis, 9/11, katrina, those were events that felt like the world were coming. there are people that are worried about other kinds of doomsdays and they plan on surviving. >> it looks like in has been another series of attacks, cyber attacks on united states banks. >> bill: recent cyber attacks could have doomsday style consequences. that has our government concerned. >> attackers could also seek to disable or degrade critical military systems and communication networks. collective result of these kinds of attacks could be a cyber pearl harbor. >> we have an insane regime in iran run by people who are psychotic who may get the nuclear weaponry to act on their insane thoughts. that means we could have a nuclear holocaust. >> what we depict on our show they have a variety they are concerned about. everything from tsunami to a nuclear blast. >> a koe executive producer of doomsday preppers. >> there are three touch stones. first touch stone is
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>. >> bill: remember the cuban missile crisis, 9/11, katrina, those were events that felt like the world were coming. there are people that are worried about other kinds of doomsdays and they plan on surviving. >> it looks like in has been another series of attacks, cyber attacks on united states banks. >> bill: recent cyber attacks could have doomsday style...
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114
Nov 23, 2012
11/12
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eye 114
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so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes just simply stopping, for the first time in some time ever, congress and our president actually think through public policy. >> absolutely. tax-cut reform on the one hand, and salomon reform on the other. if congress and the president move in that direction it would be a very, very positive signal that the political process is actually functioning. lou: a real quickly, we're out of time. some symbols, reasonable template. >> i think it is. lou: thank you for being here. president obama's reelection reigniting the debate about illegal immigration. what a republican ship on illegal immigra
so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes...
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Nov 27, 2012
11/12
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eye 86
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david: but, drew, the fact of the matter is we don't have a growing economy. i mean, less than 2% growth is minimal at best. and we don't have that much of a pick-up in the jobs picture. unless those two things change, are we really going to see an economy that we can call move anything the right direction? -- moving in the right direction? >> probably not in 2013. what do you know already? %-into 2012 ahead of higher ince tax rates next year. so you're going to be pulling a lot of activity into this year, so 2013's going to be soft right out of the box. furthermore, corporate earnings, they've done all they can do in terms of improving margins. until you have growing top line income, you really can't do more. how are you going to pay a higher dividend? david: i was surprised to see that one of your picks is for a fund of dividend stocks, an etf -- >> very much so. david: dvy is the symbol. aren't you concerned, though, that with a doubling, some say tripling when you add in the extras on the of the tax on dividends as a possible, that, in fact, dividends issu
david: but, drew, the fact of the matter is we don't have a growing economy. i mean, less than 2% growth is minimal at best. and we don't have that much of a pick-up in the jobs picture. unless those two things change, are we really going to see an economy that we can call move anything the right direction? -- moving in the right direction? >> probably not in 2013. what do you know already? %-into 2012 ahead of higher ince tax rates next year. so you're going to be pulling a lot of...
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Nov 24, 2012
11/12
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FBC
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net net is no good long-term effects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make money they borrow on the short end meaning they borrow at the low end of interest rates and blended out on a long end meaning the consumer will pay off higher interest-rate and banks make the spread. interest rate curve is not even occur but a flat board. and to be a little more conservative with lending and ben bernanke saying no banks, led to everybody to comes to your door. gerri: we saw how well that worked out last time it happened. >> that is one of the problems we had in 2007-2008 and even in the late 90s and early 2,000s. banks lend to everybody
net net is no good long-term effects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make...
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81
Nov 22, 2012
11/12
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FBC
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eye 81
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between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the unioion to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes it very difficult to do anything about reforming them when you have one party that doesn't want to do it. >> so this is a centerpiece of the fiscal cliff on the spending side. it would be up to the republicans to convince the american public that we have to reform these things in order to save these things. to a large degree, we have to be concerned that they are not articulating this to the point where people are saying now. i'm not ready to do it. even though the irony is any sort of reasonable person would suggest one hit anybody older than 40 years old right now. >> what was depressing -- ther
between that and how do we have an economy? how we grow an economy? that we provide for the kids? >> that's a great point. when i talked about the exploding cost of entitlement, there is something that is the expensive single program. it is hard to reform these programs with the democrats and unions. the unioion to run as for the first thing they say in a press conference after they met with president obama is we are not going to tolerate any reductions on any of these programs. it makes...
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139
Nov 23, 2012
11/12
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FBC
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eye 139
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there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the energy field, for example, we have just tremendous opportunities, particularly in the naral gas area. we got a game changer here. we got a fuel that's cheap, abunda, domestic, plentiful.g we ought to be doing everythingp we canlo to exploit that. melissa: fracking for natural gas?oded >> natural gas in general.e the shale place, which, of course, predicated to fracking, but the opportunities forrtun natural gas, you want to talk abt response to climate change and reducing co2 emissions, thio is the golden key to open the door more than mostenewables will ever be because you
there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the...
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350
Nov 28, 2012
11/12
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FOXNEWSW
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it's how you get that revenue so that you don't hurt the economy. you actually get real revenue through growth. i don't think there is a large amount of disagreement on that. the key is there has to be a combination package of both revenue increases and a revenue program that actually promotes real growth, in other words, tax reform that actually promotes growth, combined with significant structural changes in the long-term expenditures for a major entitlement. let me just give you some examples, brian. in two years, the disability fund will be out of money. social security disability. there is not going to be any payments. all right? so for everybody that's on disability, the one in 17 people in this country, one out of every 17 now is collecting a disability check, there ain't going to be money in less than two years. same thing in terms of medicare part a. the part a trust fund on the worst case -- best case scenario is going to last ten years. worst case, it will be gone in four years. so to not act on these things and not to address the real pr
it's how you get that revenue so that you don't hurt the economy. you actually get real revenue through growth. i don't think there is a large amount of disagreement on that. the key is there has to be a combination package of both revenue increases and a revenue program that actually promotes real growth, in other words, tax reform that actually promotes growth, combined with significant structural changes in the long-term expenditures for a major entitlement. let me just give you some...
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196
Nov 29, 2012
11/12
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CNBC
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eye 196
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even when the economy is not doing so hot and the underlying economy is not doing so hot. it helps their customers become more efficient. though use this proprietary technology and collect data from satellites, laser, and other met methods and they have applications for pacific software designed to tell their customers what they need to do to improve the efficiency of their workers out in the field. especially at construction sites and infrastructure builds and they work along many dimensions. they can cut labor costs, pesticide costs, or fuel costs. they can help them imcustomer service. at the end of the day it comes down to other companies finding new ways to squeeze more money out of their businesses and that's the kind of pitch that never goes out of style. certainly not one the old tremble could have offered. i'll give you an idea. tremble has joibt technology with -- anything from software solutions and machine control technologies. this gives the company a tremendous outsource international sales force. it looks likes tremble has become the real deal. they recently
even when the economy is not doing so hot and the underlying economy is not doing so hot. it helps their customers become more efficient. though use this proprietary technology and collect data from satellites, laser, and other met methods and they have applications for pacific software designed to tell their customers what they need to do to improve the efficiency of their workers out in the field. especially at construction sites and infrastructure builds and they work along many dimensions....
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61
Nov 21, 2012
11/12
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FBC
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eye 61
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economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a premium on in more taxes on the near-term dealing with spending and gettingext year without imposing a recession at american public. gerri: you take a lot of time to analyze what happens t this economif we go over the cliff. is it a big recession, it's a deep recession, what happens? >> it is a deep recession, you hear talk that it is a slow weakening. we can fix it in january and come back. we know the magnitude is large, $395 tax increase, $140 billion spending cuts. more importantly, financial marketwould be sh
economy right now. a big drag of business confidence, businesses are already t doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal clififf to teach the other parta lesson. that is not helpful. this is something that should be settled qukly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a...
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73
Nov 24, 2012
11/12
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FBC
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eye 73
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and that is why the economy is failing. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and billion dollars into the economy, people would spend it. they don't like the tax penalty for it. would you givethem a tax holiday? you have to put it to use and do something? >> they tried that in 2004 and they brought back hundreds of villains. they put the murders and bonuses and what we have to do is recognize the president obama is not an economic dictator. the federal reserve can bring interest industry rates much lower. so we have to go to these two other areas are overwhelming support of inflation adjusted minimum wage. >> i'm not alone in an environment like this, h
and that is why the economy is failing. neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companies hiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholders cash. the investors cash. a lot of them are not giving adequate evidence. some of them like google and emc giving no dividends. if they can be pressured by pension funds to unload a cup and...
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283
Nov 23, 2012
11/12
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FOXNEWSW
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retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was exciting to see. >> reporter: how big an indicator is that for your holiday season how well you do today? >>' a great indicator it shows the consumer is looking and liking what we have to offer so we feel great about what this means for the future. >> reporter: do you need to hope this gives you momentum as far as your retail sales the rest of the holiday period? >> it's proven to be the best day of the year and it's an indicator of things to come. >> reporter: you have what's called kohl's cash which helps stretch people's purchasing power. >> for every $50 you
retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was...
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278
Nov 23, 2012
11/12
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CNBC
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eye 278
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small businesses are so important to the vitalness of the american economy. they employ almost half the private workforce and if you look at the last 20 years, small businesses have created almost two-thirds of the new jobs in the country. >> they create jobs, but am i going to get a deal there for such price sensitive consumers out there who are looking for a bargain every single time they buy something, can a small business, a small retailer, provide that kind of a deal? >> we think they absolutely can and do compete. they're competing every day against big box retailers and everyone else who's in the market trying to do business on the holiday period. small businesses are unique. they're creative to entrepreneurs. they certainly do sales, promotions, coupons, they do gift with purchase. they put together a whole package to be competitive, of course, but they also provide local service. they provide strong value to the communities they operate in. we all know that how important main street is to the vitality of local communities. they do all of the above an
small businesses are so important to the vitalness of the american economy. they employ almost half the private workforce and if you look at the last 20 years, small businesses have created almost two-thirds of the new jobs in the country. >> they create jobs, but am i going to get a deal there for such price sensitive consumers out there who are looking for a bargain every single time they buy something, can a small business, a small retailer, provide that kind of a deal? >> we...
45
45
Nov 28, 2012
11/12
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FBC
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eye 45
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>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a rise in 4%, state taxes rights now, adds to 690 billion. they are will able to cash? neil: amazing. you know, with -- success of tax on their deductions, mortgage interest thing and all they are paying more in taxes now than before. >> yeah, have you won anything in any of the scratch off games? >> nope, i do not do that, kim there for the ho-hos. neil: i see, always th the empty shells. >> that is you. neil: that is mm. write a check to the government. neil: health care law -- here is the problem, it not going anywhere, but the money for it. it is gone. i'm telling you it's gone, coming up, dunkin' brea
>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a...
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198
Nov 25, 2012
11/12
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FBC
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eye 198
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we had economies that went back many, many millennia and were successful until 1492. jo: indians had a form of property rights before white settlers came here and mess that up. some indians actually owned the salmon streams. they manage those streams so that they let the larger salmon go up to spawn. the result is that even today those streams have larger salmon and the streams that were held in common owned by everyone and hence managed by no one. john: not an individual indian, but a plan would on the stream. why today would they still have more salmon? >> that just goes back to what was superior management over a century ago. and at the same time i should know we are mismanaging our salmon stocks by chasing them around the ocean, opn ocean and over harvesting salmon and many other species. we could leearn from what the native americans did. john: you say you can see the private property difference by driving throh some indian land >> it is fascinating to drive through the reservation in the west. recently i drove through the crow indian reservation in south-central
we had economies that went back many, many millennia and were successful until 1492. jo: indians had a form of property rights before white settlers came here and mess that up. some indians actually owned the salmon streams. they manage those streams so that they let the larger salmon go up to spawn. the result is that even today those streams have larger salmon and the streams that were held in common owned by everyone and hence managed by no one. john: not an individual indian, but a plan...
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108
Nov 29, 2012
11/12
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FBC
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eye 108
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this could be a nice stimulus for the economy. john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who wrote the article, wall street journal's chief economic correspondent and chief head head to lend us live. dave: before that is of we will tell you what drove the market with the data download. stocks extending yesterday's gains finishing a volatile session higher with the dow, s&p and nasdaq trading above the 200 day moving average for the first time in three weeks. telecom and health care were the top performing sectors. fewer americans filing first-time applications for unemployment benefits as hurricane sandy had the labor market and cont
this could be a nice stimulus for the economy. john boehner saying he has seen no substantive progress on the fiscal cliff talks in the last couple weeks. what compromises need to be made? sheila bair, being a former fdic chair, telling us 4 ways wall street can help out and it is not all good news for investors. liz: did you see the cover of the wall street journal? fed stimulus like gillian 2013. we talked about this the second broke yesterday halfway through the 3:00 p.m. show. the man who...
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79
Nov 28, 2012
11/12
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FBC
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>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a rise in 4%, state taxes rights now, adds to 690 billion. they are will able to cash? neil: neil: a lot of companies freaking out. some are cutting back to worker's hours to deal with health care, or cutting healthy insurance all death, it dunkin' brands getting dunked. the ceo nigel travis. you do not have the same darden experience they and walmart, and some others are curtailing hours or finding ways to get around this big health care you know hit they are taking? what do you do? >> i loved your headline, are we getting dunked? we're focussed on it. we have been working with the obama administration on
>> the economy has turned a little bit, but they are finding new ways of getting revenue they have not gotten before, like this, finding extra ways of getting money, not just developing, lotly tickets and power balls but new gambling schemes, and new taxes, when president said, all i want to do is set taxes back to way they were during clinton administration that is true for overall top rate but there are extra nickel and dime taxes that feds and state and local governments, they get a...
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101
Nov 24, 2012
11/12
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FBC
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eye 101
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and that is why the economy is and that is why the economy is failing. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rig for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. i put away money. i was
and that is why the economy is and that is why the economy is failing. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking...
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265
Nov 29, 2012
11/12
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FOXNEWSW
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eye 265
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that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a pro
that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking...
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100
Nov 25, 2012
11/12
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FBC
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eye 100
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in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> a this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, cou have a short-term impact, but timately the trend of higr taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concern and i think as for the fiscal cliff, no, i don't think that's what it is and as for the fiscal cliff, anybody paying close attention,
in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> a this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the...
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73
Nov 23, 2012
11/12
by
FBC
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eye 73
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and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in yo wallet? it's the card for people who like more cash. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: the economy is stumbling. nothing seems to be happening, but ralph nader has got a plan. one day he says he will get companiehiring and fast. getting people spending soon. >> nonfinancial companies are sitting on over a trillion dollars of shareholder
and that is why the economy and that is why the economy failing. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% mo cash. but i'm upping my game. do youant a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash...
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Nov 22, 2012
11/12
by
FBC
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eye 59
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we think it's good for the economy. it's good for tax revenue. it is something that the president could do. >> i have followed this industry for a long time. these estimates are very conservative, there is always a lot more out there than what they are saying. but at the same time, the president has been a big file of drilling on public land. he blocked the keystone pipeline and that would've meant a lot of jobs and oil and lower gas prices for everyone. i feel that he won't be in your corner on this one. what are you going to do about that? what is your most persuasive argument, and what is your plan if he stands in the way? >> there is a five-year plan in place. the interior department has issued that there are thousands of offshore wells being developed right now in the goal. and in lockstep. so this is not an unusual activity. the outer continental shelf is there to help us produce energy and there is huge demand for energy in the future. the u.s., the international agency just produced a report this week that said the u.s. is poised to becom
we think it's good for the economy. it's good for tax revenue. it is something that the president could do. >> i have followed this industry for a long time. these estimates are very conservative, there is always a lot more out there than what they are saying. but at the same time, the president has been a big file of drilling on public land. he blocked the keystone pipeline and that would've meant a lot of jobs and oil and lower gas prices for everyone. i feel that he won't be in your...
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246
Nov 26, 2012
11/12
by
CNBC
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eye 246
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why you should think of the economy like a cat. a new book from the man who was one of the few to see the financial crisis coming. a. >> and later, lessons in love la cirque and la dolce vita. for 30 some years at many i'vt different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> he's one of the few people who saw the financial crisis of 2008 coming before the rest of us did, and he's the author of the best-selling book "the black swan" and now he has a new book called "anti-fragile." nassim
why you should think of the economy like a cat. a new book from the man who was one of the few to see the financial crisis coming. a. >> and later, lessons in love la cirque and la dolce vita. for 30 some years at many i'vt different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like...
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294
Nov 21, 2012
11/12
by
KGO
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eye 294
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with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. i'i invest in what i know.r. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it ca
with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. i'i invest in what i know.r. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts....
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Nov 28, 2012
11/12
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CNBC
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>> remember the first one is the economy, don't mistake the economy -- the economy is more like a cat than a washing machine. the second rule is small is beautiful because it is less fragile. decentralize that small. third rule is skin in a game to make sure that nobody's antifragile at the expense of others. and a fourth rule -- i mean i have like six or seven rules. let me pick one at random -- a good rule is that -- >> by antifragile. >> no. very important rule is to make sure that bailouts help individuals, not companies. in fact we have the exact opposite. we're going to have social unrest if it continues. >> that is a great place to leave it. it is a very interesting and thought provoking book. nice to have you back with us. >> thanks for inviting me. >> pleasure to have you. "antifragile." and i think it is going to be a best seller, ty. >> thank you very much, sue. >>> congressional leaders meeting with america's ceos at this hour to discuss solving our fiscal mess. they're going to hold a press conference shortly and we will take it live. >>> before that though, we're going t
>> remember the first one is the economy, don't mistake the economy -- the economy is more like a cat than a washing machine. the second rule is small is beautiful because it is less fragile. decentralize that small. third rule is skin in a game to make sure that nobody's antifragile at the expense of others. and a fourth rule -- i mean i have like six or seven rules. let me pick one at random -- a good rule is that -- >> by antifragile. >> no. very important rule is to make...
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177
Nov 24, 2012
11/12
by
FBC
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eye 177
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he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is this administration and what it has done. now, when you think this is? >> the attorney general has to do this. lou: can you really see eric holder doing that? saying that we will investigate ourselves? >> if he doesn't do an independent investigation, you have the very people who have floated the idea of prosecuting general petraeus, there are all kinds of things they might do to him. there is all kinds of pressure that can be brought about. lou: are you saying th
he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually...
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Nov 27, 2012
11/12
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CNBC
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eye 163
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the economy slows down, courtesy of the fiscal cliff. fedex will still have a reason to go higher because of the restructuring. because we know the company's already cost cutting its way to better earnings. fedex also has a china kicker and we like that. company gets about 30% of its sales from overseas, mainly from asia. but also some europe and latin america. you know i think the chinese economy is in the process of coming in for a soft landing which is incredibly bullish. look, this weekend we got more positive data from china. now that the leadership transition has happened in the communist party, i think the chinese government could be more aggressive about stimulating the economy since they seemed to have got their inflation situation whipped and a rebound in china's economy, what a reason to own fedex in itself. last but not least, i think fedex is worth buying here because the price is right. at the moment the stock is trading at 11 times earnings. we're 20% below where u.p.s. is trading. it isn't that much better. u.p.s. is just
the economy slows down, courtesy of the fiscal cliff. fedex will still have a reason to go higher because of the restructuring. because we know the company's already cost cutting its way to better earnings. fedex also has a china kicker and we like that. company gets about 30% of its sales from overseas, mainly from asia. but also some europe and latin america. you know i think the chinese economy is in the process of coming in for a soft landing which is incredibly bullish. look, this weekend...
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Nov 27, 2012
11/12
by
FOXNEWSW
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. >> steve: want to see where our economy is going. look back to 1937 and franklin roosevelt and stewart varney will explain how history could repeat himself as he enters studio e. good morning to you, stewart. ♪ ♪ ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medi
. >> steve: want to see where our economy is going. look back to 1937 and franklin roosevelt and stewart varney will explain how history could repeat himself as he enters studio e. good morning to you, stewart. ♪ ♪ ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare....
136
136
Nov 27, 2012
11/12
by
FBC
tv
eye 136
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this economy, shop till you drop early, holiday sales, breaking all records. are we in for disappointment closer to christmas? cheryl: critics of tougher regulations for the oil and gas industry save the epa has been given too much power. when he have a live report from washington. dennis: let's look at prices still below 100. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objtives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just rightor you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] le
this economy, shop till you drop early, holiday sales, breaking all records. are we in for disappointment closer to christmas? cheryl: critics of tougher regulations for the oil and gas industry save the epa has been given too much power. when he have a live report from washington. dennis: let's look at prices still below 100. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio. what i really need is sleep. introducing...
79
79
Nov 21, 2012
11/12
by
FBC
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eye 79
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it is strangling in an economy at is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to udgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his idlogical instincts on the one hand and elements of the egyptian security structure, the military and the intelligence service on the other. despite his best
it is strangling in an economy at is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to udgment and reason. and necessary component....
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160
Nov 28, 2012
11/12
by
CNBC
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eye 160
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the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect
the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go...
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1.7K
Nov 27, 2012
11/12
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FOXNEWSW
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economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign t
economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we...
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74
Nov 23, 2012
11/12
by
FBC
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eye 74
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the economy is booming. they are encouraging it to do so. they have got the recipe for growth that detroit lost her long ago. [talking over each other] >> they have held back the growth of the city -- dave: there are some cities i could point to where the mayors are not on the up and up but -- a city that had a lot of corruption, why can't he get the message? liz: they only hold back thirty million to hang over the head. we are going to hold back $30 million, i don't think that is enough of a push to get going. dave: if you think black friday is the best day to get deals think again. if you want to save money you should wait it out. find out why after the break. it is your money. dave: stocks are higher. the dow jones industrials are up about 88 points. it is a shortened trading session. market's close at 1:00. an informal session. traders are bringing their kids to the floor and volume is expected to be light but there are stocks making big moves. will get research in motion. they make a blackberry. high hopes for the new blackberry 10. we
the economy is booming. they are encouraging it to do so. they have got the recipe for growth that detroit lost her long ago. [talking over each other] >> they have held back the growth of the city -- dave: there are some cities i could point to where the mayors are not on the up and up but -- a city that had a lot of corruption, why can't he get the message? liz: they only hold back thirty million to hang over the head. we are going to hold back $30 million, i don't think that is enough...
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182
Nov 27, 2012
11/12
by
CNBC
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eye 182
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don't tell me tax increases will ruin the economy. warren buffett wrote an op-ed, it's a lame outdated discredited argument from the gop. stop repeating the talking points. >> larry elder, i'll give you the last word. >> may i respond. the clinton income tax hikes underproduced revenue based upon their projections. they got in less money than they thought. when clinton lowered capital gains they got in far more revenue than they thought. cutting taxes is expansionary and raising taxes is contractionary. >> this discussion still comes down to spending. >>> a man in washington who has never wavered on this issue is senator tom coburn and in 20 minutes mr. coburn will join to us vent his frustrations about the fiscal cliff and the one-sided discussion and attention on revenues alone which is driving me crazy. politics aside, the question is what happens to the economy and your money if we go over the cliff or just kick the can down the road? you're going to want to hear what our next guest's predictions are because he's a former undersec
don't tell me tax increases will ruin the economy. warren buffett wrote an op-ed, it's a lame outdated discredited argument from the gop. stop repeating the talking points. >> larry elder, i'll give you the last word. >> may i respond. the clinton income tax hikes underproduced revenue based upon their projections. they got in less money than they thought. when clinton lowered capital gains they got in far more revenue than they thought. cutting taxes is expansionary and raising...
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143
Nov 29, 2012
11/12
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FOXNEWSW
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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288
Nov 21, 2012
11/12
by
FBC
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eye 288
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you can ask how has the economy thabeen doing the last couple of weeks they don't feel quite as good as they did a couple of months ago. a lolove that is the equity mar. melissa: the fiscal cliff is probably symbolic that this idea that we have the same people in washington sitting there agreeing about nothing and getting nothing done and whether it is the fiscal cliff specifically for the economy in general, these people are there doing nothing, still they're the ones who helped get us into this mess. now they are back. let me ask you about one more thing. we keep hearing about companies like wal-mart paying dividends before the end of the year, realizing dividend taxes will go up, people can click ahead of time, same thing we are hearing about bonuses. it is easy to pay somebody their bonus december 25 of january 2 depending on the tax treatment. do you think that is going to impact gdp in the fourth quart quarter, that there is just a lot more cash realized, like mark peabody and we see a decline in the first quarter because of that, or not? >> the pull forward effects. that is so
you can ask how has the economy thabeen doing the last couple of weeks they don't feel quite as good as they did a couple of months ago. a lolove that is the equity mar. melissa: the fiscal cliff is probably symbolic that this idea that we have the same people in washington sitting there agreeing about nothing and getting nothing done and whether it is the fiscal cliff specifically for the economy in general, these people are there doing nothing, still they're the ones who helped get us into...
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Nov 22, 2012
11/12
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CNBC
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economy. >> why aren't people paying attention? >> 'cause they don't pay attention until they have to. >> whitney says it's time to start. california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's new jersey. it had the highest taxes in the country, a $10 billion deficit, and a depressed economy when first-year governor chris christie took office. but after looking at the books, he decided to walk away from a long-planned and much-needed project with new york and the federal government to build a rail tunnel into manhattan. it would have helped the economy and given employment to 6,000 construction workers. lots of jobs. >> yeah. i canceled it. i mean, listen, the bottom line is, i don't have the money. and you know what? i can't pay people for those j
economy. >> why aren't people paying attention? >> 'cause they don't pay attention until they have to. >> whitney says it's time to start. california has a credit rating approaching junk status. it spends more money on public employee pensions than it does on the state university system. arizona is so desperate, it sold off the state capitol, supreme court building, and legislative chambers to a group of investors and now leases the buildings from their new owner. then there's...
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Nov 29, 2012
11/12
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that's not good for the economy at this point. and i'm really thinking of the home mortgage deduction. >> i think the home mortgage deduction could go. >> entirely? >> beneaneither of the commissi recommend recommended removing it entirely. the deduction which primarily is an advantage for high income people into a credit up to a limit. that would mean that people with much more modest incomes, who now don't itemize their deductions would get the benefit of this credit. it would be hard on high income people with very large houses. but we have just built too many too many large houses, you would have to phase it out. but i think that would be a good solution. >> on the subject of tax reform, i know in simpson-bowles there was a proposal to lower corporate taxes, do you think that is still a possibility if in fact we still move to additional tax reform in 2013? >> i do. i think that broadening the base of the income tax, the corporate income tax is also a good idea. getting rid of a lot of special provisions that riddle the tax and
that's not good for the economy at this point. and i'm really thinking of the home mortgage deduction. >> i think the home mortgage deduction could go. >> entirely? >> beneaneither of the commissi recommend recommended removing it entirely. the deduction which primarily is an advantage for high income people into a credit up to a limit. that would mean that people with much more modest incomes, who now don't itemize their deductions would get the benefit of this credit. it...
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101
Nov 28, 2012
11/12
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FBC
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gerri: luxury cars up 10% this year, recession, maybe not, speaking to the economy. jake, thanks for coming on tonight. great to have you on. >> you're welcome. fun being on. have a great night. green cars seem to be all the rage at the car shows every year, but they are not catching on with consumers despite president obama's dream of a million electric vehicles on the road by 2012, and 2011, only only 18,000 units sold, that's a bummer. in tonight's top five, the best selling electric cars in the u.s. so far this year, number five, ford focus electric. now, through august of this year, ford sold fewer than 200 of the vehicles. they didn't reach the lots until may. four, the mitts bee shy, sales up 400% to a whopping 403 cars. knee san, number one seller last year, only four people drove away in a leaf. oh, boy, the cousin of the best selling hybrid car, the toyota prius plug-in. only 6,000 priuses sold in the first three quarters, leaving us with the number one electric car in the u.s., yeah, you got it, the always controversial chevy volt which does not make this
gerri: luxury cars up 10% this year, recession, maybe not, speaking to the economy. jake, thanks for coming on tonight. great to have you on. >> you're welcome. fun being on. have a great night. green cars seem to be all the rage at the car shows every year, but they are not catching on with consumers despite president obama's dream of a million electric vehicles on the road by 2012, and 2011, only only 18,000 units sold, that's a bummer. in tonight's top five, the best selling electric...